Mikhail and Hodj's Political Thread

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hodj

hodj

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TheBeagle_sl said:
Are you saying Economics is a science? Just because it has trends that can be analyzed and metrics that are statistically powerful doesn't make it a science. You can do all the same things with horse racing or any other kind of sports handicapping and be successful if you know the secret recipe, doesn't make it science. The actual science is Statistics.
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Its not the hardest science in the land, and sure I agree its actually statistics which is being utilized to quantify their results, so you could say that the harder science is the statistics but this is a bit of an strange take on things.

I mean most of chemistry is based on calculus and algebra with some trigonometry thrown in the mix. So its not a science because its not mathematics? I don't know if I agree with that. What makes something a science? Well, it must be analytical, it must focus on quantifiable, repeatable results, hypothesis testing, etc. By all those metrics economics is a science, but definitely its not as hard a science as chemistry.

Anyway

Economics - Definition and More from the Free Merriam-Webster Dictionary

eco?nom?ics noun plural but singular or plural in construction \?e-k?-'n?-miks, ?e-k?-\
: a science concerned with the process or system by which goods and services are produced, sold, and bought

: the part of something that relates to money

But yes, economics relies on statistical methodology, so in that regard, on a scale from least scientific to most, statistics comes further towards the most scientific than economics does.
 
TheBeagle

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Araysar_sl said:
Statistics is a pseudo-science

I would put it right in the center of this diagram

309c09287b460819d5661e17220260e7.jpg
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God damnit you just made me waste 5 mins staring at that diagram again.
 
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Mikhail Bakunin_sl

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hodj_sl said:
What makes something a science? Well, it must be analytical, it must focus on quantifiable,repeatable results, hypothesis testing, etc. By all those metrics economics is a science
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How is economics a science by those metrics?

Also, I love that you can list necessary conditions here. It's progress!
 
hodj

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Quantum mechanics - Wikipedia, the free encyclopedia

The mathematical formulations of quantum mechanics are abstract. A mathematical function known as the wavefunction provides information about theprobability amplitude of position, momentum, and other physical properties of a particle
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Statistics is used to model chemical interactions between particles, particularly electron position and location and exchange, etc. Araybro. Sorry.
 
TrollfaceDeux

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i hate looking at statiscs sometimes.


"Oh, are you a women? You have 25% chance of getting domestically abused by your husband!"

Wow, good job fuckfaces. Put a fear into their heart, why don't you?
 
Araysar

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hodj_sl said:
Quantum mechanics - Wikipedia, the free encyclopedia



Statistics is used to model chemical interactions between particles, particularly electron position and location and exchange, etc. Araybro. Sorry.
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Quantum mechancics is revised all the time

It could be entirely possible that the models are wrong and statistics is worthless

Which it is.

Hey Hodj, if you flip a coin 100 times and it comes up heads 100 times, what are the chances it will up heads 101st time?
 
hodj

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How is economics a science by those metrics?
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Its not the most replicable because its very hard to get exactly the same conditions in every situation, but so too with many fields. The fact that they apply quantitative examination partnered with qualitative results doesn't remove them entirely from the field of science.

I never claimed economics was the hardest science out there. Its certainly not physics. But to claim the field isn't science, when it is defined both as science and social science is a bit disingenuous.
 
TheBeagle

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Araysar_sl said:
Quantum mechancics is revised all the time

It could be entirely possible that the models are wrong and statistics is worthless

Which it is.

Hey Hodj, if you flip a coin 100 times and it comes up heads 100 times, what are the chances it will up heads 101st time?
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Lol, I don't think even the garglechimps are dumb enough to fall for that one.
 
hodj

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Araysar_sl said:
Quantum mechancics is revised all the time
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Its really not.

It could be entirely possible that the models are wrong and statistics is worthless
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I mean its entirely possible that each time I shit an entire universe is expelled from my anus into the toilet, but its not likely.

Hey Hodj, if you flip a coin 100 times and it comes up heads 100 times, what are the chances it will up heads 101st time?
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Do you want the binomial probability formula or the simple answer?

Honestly they both give the same result anyway.
 
hodj

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Araysar_sl said:
Hodj in calculus class

flowers-for-charlie-cat3.gif
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This is actually true. Calculus isn't even that hard, but I am taking much more easily to the O Chem.

I think its because I took stats and logic after taking College algebra before transferring to the University and so it was like a year and a half where I did a lot of little bits and pieces of algebra and trig and whatnot, but didn't get that practice in with the whole picture as much, so the foundation was weak for the start of Calc.

I'm getting better at it though.
 
hodj

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Araysar_sl said:
yah? whats the result?
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A more interesting question is what is the probability of getting heads or tails 100 times in a row. The answer to that question is 7.889*10^(-31).

So basically, that's a .0000000000000000000000000000007889..... chance.

I love big tiny numbers. Also scientific notation.
 
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Mikhail Bakunin_sl

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Araysar, here's the trick to understanding/accepting the monty hall problem:

Imagine playing it with 100 doors instead of just 3. You pick from 1 of 100 doors (99 goats, 1 car). The host then reveals 98 of those. If you picked the car at the start, the other door will be a goat. If you picked one of the 99 goats, the other door will be a car. You'd always switch, right? Well why? Because your odds of picking the right door out of 100 were really low. Well your odds are still less than 50% when there are only 3 doors (it's 1/3). That's why switching doors isn't an even gamble even though there are only two doors left at the end.
 
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